Utkarsh SmartGen Credit Card
A RuPay card for existing Utkarsh customers (by pre-approved invitation): 1% cashback on eligible spends, free for the first year and ₹199 a year after, waived on ₹50,000 of annual spend. Every figure below is copied from Utkarsh Small Finance Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Only for existing Utkarsh customers with an active account, deposit or loan, who receive a pre-approved card link by email; there is no public application.
Fees and charges
| Joining fee | Nil Product page |
|---|---|
| Annual fee | ₹199 plus GST Product page |
| Annual fee waiver | On ₹50,000 of spend in the year Product page |
| GST on fees | 18% |
| Foreign-currency markup | 3% of the transaction, plus GST MITC |
| No annual fee in the first year; the fee shown is charged from the second year unless the previous year’s spend reaches the waiver threshold. Rent carries a 1% surcharge. | |
Rewards
Cashback.
| Spend | Earns | Cap |
|---|---|---|
| 1% cashback on all eligible spends | 1% cashback Product page | no cap on record |
Cashback is credited to the card account and adjusted against the next statement.
Financial institutions, charities, foreign-currency purchases, mutual funds and transport also earn no cashback.
No rewards on
- Wallet recharges Fee schedule
- Government services Fee schedule
- Insurance Fee schedule
- Railway Fee schedule
- Education Fee schedule
- Fuel Fee schedule
- Utility payments (electricity, telephone, internet, water) Fee schedule
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge refunded on fills of ₹400 to ₹5,000, up to ₹400 a statement cycle MITC
Eligibility
- Age 21 or above (18 for the FD-backed version) Product page
- Age 65 or below Product page
- Indian resident Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by Utkarsh Small Finance Bank in the documents read
- a cap on cashback
- income criteria
- whether the RuPay card works on UPI
Where Utkarsh Small Finance Bank’s documents differ, and what is used
- The SmartGen page lists 1% cashback, while the FAQ shared by all three Utkarsh card pages says a flat 1.25%; CardWise uses the SmartGen-specific 1%.
The quotes behind the figures
19 figures, each copied from an official Utkarsh Small Finance Bank document.
Show every quote and source
“No Joining Fee”
“2nd year onwards ₹ 199/- + Taxes & Fee waiver when ₹ 50,000 is spent during the previous year”
“Statutorily applicable rate which currently stands at 18% (applicable on all fees, interest & other charges)”
“3% of the value of the foreign currency transaction after conversion to Indian Rupees using network's currency conversion at transaction point”
“1% Cashback on all eligible transactions (Please refer the Key Fact Statement for details)”
“Cash back credited to Your Credit Card Account will be adjusted towards the balance on Your Next Credit Card Statement.”
“List of Ineligible transactions for cashback* *SI No Ineligible Transactions 1 Wallet recharges 2 Financial Institutions 3 Government services 4 Charities 5 Foreign Currency Purchase 6 Insurance 7 Railway 8 Mutual Funds 9 Education 10 Transport 11 Fuel 12 Utility Payments (Electricity, Telephone, Internet, Water etc”
“2nd year onwards Rs.199 + Taxes.”
“Fee waiver when Rs.50,000 is spent during the previous year”
“FD Backed Credit Card: 18 to 65 years”
“The Bank will intimate the existing customers who have the FD account for applying the Credit Card against FD.”
“Flat 1.25% cash back on all eligible transactions and 1% fuel surcharge waiver can be availed from Credit Card.”
“1% fuel surcharge refunded for transactions between Rs 400 to Rs. 5000”
“(subject to a maximum waiver of Rs 400 in a statement cycle)”
“• Unsecured Credit Card: 21 to 65 years”
“Has to be an Indian Resident”
“Eligible Customers will receive a Pre-Approved/Pre-Qualified Credit Card link on their personal registered email id with the Bank”
“For our existing customers who are holding an active Current Account, Savings Account, FD Account & Loan Account”
“Credit Card RuPay SmartGen”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with Utkarsh Small Finance Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is Utkarsh Small Finance Bank’s own file from its website, unaltered, fetched 2026-10-16. Methodology